Skip to main content

About your Search

20130115
20130115
SHOW
Cavuto 2
( more )
STATION
MSNBCW 17
SFGTV 12
FBC 11
CNBC 9
CNNW 7
CSPAN 7
SFGTV2 7
CSPAN2 6
KQED (PBS) 6
KPIX (CBS) 5
KRCB (PBS) 5
KTVU (FOX) 5
LINKTV 5
( more )
LANGUAGE
English 136
Search Results 0 to 49 of about 138 (some duplicates have been removed)
fiscal action that will push the economy back into recession. that was one of the risks that the fiscal cliff posed. the challenge is to achieve long run sustainability without unduly hampering the recovery which we have. the deal that was struck together with the previous work in 2011 that involved some spending cuts made some progress in both of these goals. sustainability still abil over the decade we have seen improvement in the debt to gdp ratio. there's more work to be done, but some progress there. and in the short run, the fiscal cliff deal on new year's eliminated a good bit of the restrictive components of the fiscal policy that would have had such adverse effects. not completely, but at least a good start. there was a bit of progress on both of these goals, very importantly. i hasten to say that we're not out of the woods, because we are approaching a number of other physical and critical watershed's coming up. we've got the funding of the government, the so-called sequestered, which is a set of automatic spending cuts that were delayed by two months as part of the fiscal cli
. >> on to business news now, the german economy contracted in the final quarter of last year as the eurozone crisis took its toll, but europe's biggest economy still managed to post modest growth of 0.7%. >> that may not sound like much, but it is more than you expect from most eurozone economies. >> the eurozone crisis has not been able to dampen the mood among eurozone consumers. they are still hitting shops and helping the economy grow modestly. >> despite big increases in the cost of energy, raw materials, and oil, private consumption is up. that is the first reason. the second is that the german economy remained competitive last year despite a weaker environment, and that has given exports a boost. >> exports are the backbone of the german economy. they continued to grow last year, albeit at a slower rate. companies are proceeding with caution. they are cutting investment amid uncertainty about what the new year will hold, especially for the eurozone. in 2011, the german economy grew by 3%. that figure dropped to 0.7% last year. the economy even contracted in the final quarter. the government
irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the whole, kelly. what we're trying to do is derive what the annual figure was. >> exactly. and before we get to that
and the economy. >> it's my pleasure to welcome you here to the brookings institution on a soggy day. it's not too hard to come in from outside on a day like this. this is the fifth growth through innovation forum that we have held at brookings but i'll give you a little background in a minute. it's the third one that we are conducting publicly. the phrase growth through innovation is an important part of the vocabulary to at brookings. we have what we call for institutional priorities under which we try to cluster all of the work that are more than 100 scholars do here. those for priorities are energy and climate, opportunity and well being, managing global change, and growth through innovation. this is i think exactly the right moment to be having today's event. we are in a period of transition in our national leadership here in the capital, of course. we have a new treasury secretary, chief of staff coming in. we'll be having a new commerce secretary, labor secretary, and, of course, the 113th congress is settling in on capitol hill. the forum is going to address the issues of how to reinvigora
holding the american economy hostage, and president obama says they wouldn't collect a ransom. this is "the ed show." let's get to work. >> the issue here is whether or not america pays its bills. we are not a dead beat nation. >> the president draws a line in the sand for republicans. >> they will not collect a ranson in exchange for the economy. >> on whether republicans will actually listen. one month after sandy hook, the president says he has the vice president's gun recommendations. >> my starting point is not to worry about the politics. >> but will spineless republicans kill reform? one republican threatens impeachment if the president signs an executive order on guns. dan gross of the grady campaign is here regarding comments that the nra is gearing up to sell guns. and former secretary of state colin powell calls out republicans on race. >> there is also a dark vein of intolerance. >> dr. peterson joins me to discuss the republican response. good to have you with us tonight, folks, thank you for joining us. president obama took on the single greatest threat to the ec
is still holding the american economy hostage, and president obama says they won't collect a ransom. this is "the ed show." let's get to work. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> the president draws a line in the sand for republicans. >> they will not collect a ransom in exchange for not crashing the american economy. >> tonight, congressman jim mcdermott's reaction to the president's tough talk on the debt ceiling. e.j. dion and ruth con connaught on whether the republicans will actually listen. >>> one month after sandy hook, he has the president's gun recommendations. >> will spineless republicans kill reform? one threats impeachment if the president signs an executive order on guns. dan gross of the brady campaign is here with reaction to the president's comments that the nra is joining up fear to sell guns. >>> and former secretary of state colin powell calls out republicans on race. >> there is also a dark -- a dark vein of intolerance in some parts of the party. >> dr. james peterson janes me to discuss the republican r
to carry out the agenda i campaigned on. new security for the middle class. right now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions in sound investments, and as long as i said on the campaign, one component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now, i've been fighting for such a plan -- one that would reduce our deficits by $4 trillion over the next decade, which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make in people and education and job training and science and medical research -- all the things that help us grow. now, step by step, we've made progress towards that goal. over the past two years, i've signed into law about $1.4 trillion in spending cuts. two weeks ago
a way to fuel its rapidly growing economy. about 300 government and corporate officials met in the capital and talked about the advantages and challenges of introducing nuclear power plants. malaysian and indonesian officials say power remains the main option for growing economies with high energy demands and say this is in spite of strong public opposition after the fukushima disaster. they both guarantee the safety of nuclear energy. the administration is working on transforming the energy policies. the trade minster said the country will export nuclear infrastructure after ensuring that it's safe. >> translator: japan has accumulated technology and human resources related to nuclear power. we would like the chance to put these to use. meeting partners's request and safety will be the major premises of this effort. we want to keep exporting our nuclear power infrastructure. >> japan has been promoting exports of the generation facilities even after the disaster in fukushima. the previous administration led by the democratic party signed pacts with countries such as vietnam
as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix at 13 and change. that's too low. that's where the complacency comes from. you see it there. as we move into the debt ceiling debate, it can be far harder to solve than the taxes, we think the market can be down for a while, and before it comes back up. >> so you're looking for a decline, and perhaps that is an entry point for some. do you agree with that? >> i think any decline is an opportunity to buy, maria. i'm very, very bullish on u.s. equities and one of the main reasons i am the u.s. energy story which i think is a story that's not being told as well as it should be. in 2012 the u.s. oil production was
know, as the economy has gone down there's been more homicides in the area where i live and i see it happening in more places. >>> the president talked forcefully he will not negotiate about the debt ceiling. let me play what one of your republican colleagues told me about that yesterday. >> would you be willing if you don't get the cuts that you think are necessary, would you be willing to go into default or shut down the government? >> i think there is a way to avoid default, if it requires shutting down certain portions of the government, let's like at that. >> are you worried about a shutdown or worse, are you worried about default? >> i'm worried about both. default is like saying i ran up my credit card and now i'm not going to pay you it's going to be bad for the united states. i think we need to pay our xwils. that's the first thing. with respect to shutting down the government so we save money. we know anytime we shut down the government, we actually spend more money in the long run. i do believe we need or national parks or rangers there. i do believe that it is importan
would be the united states economy and the potentially disastrous impact of failing to raise the debt ceiling brsh according to speaker boehner, the ends justify the means. in a statement yesterday, boehner asserted the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved. it was a response to this stern warning from the president on monday. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the american people is not leveraged to be used. >> if the tenor of the president's last press conference of his first term is any indication about what he expects in his second term, prepare for a bond-style showdown as the government barrels towards its borrowing limit. that said, there might exist a solution that would allow congress to do what it does best, which is to say nothing at all, and still save the economy. this do nothing approach was floated by senate minority leader mitch mcconnell in 2011, and president obama gave it a hat tip
the president's tactics those of a socialist who wanted to bring down the american economy? >> i think they would, and i appreciate your bringing the economy into it. the president did that yesterday. the more we talk about the debt ceiling after obsessing over the fiscal cliff, the more i look at the whole thing as a massive dangling the key or, you know, don't look over here at the real economy, which is where people would really like policymakers to be dealing, but look at this so-called fiscal crisis which doesn't even exist. the president very clearly, and i thought helpfully, spelled out the numbers yesterday and actually to get from where we are, given the spending cuts and tax increases that we've implemented so far, to where we need to be to stabilize the debt, is not that heavy a lift if we had a functional politics that was actually paying attention to what needs to be done instead of creating these ridiculous self-inflicted skirmishes and wounds. as you have correctly pointed out, you have even got conservatives spokespeople saying, look, this isn't going to happen, you're
catastrophic results for many americans and the overall economy. he warned markets would go haywire if congress does not act, interest rates would rise, and checks to social security beneficiaries would stop. and he said even thinking about the u.s. not paying its bills is irresponsible and, "absurd". darren gersh reports. >> reporter: in his first news conference of the new year the president gave a harsh lecture to republicans about the need to raise the debt ceiling and he once again said there was no way he'd negotiate with congress about something it should do anyway. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending.
appropriate levers and can drive productivity throughout the entire economy, the two we're focused on are what we call the power platform, the energy grid needs to be redone, and the knowledge platform. we don't -- we need to do some work on the networks, which is to say broadband, but it's really about how do we apply it? how do we deliver band width that can change education, change health care, change all government services, we get faster, cheaper, better, the same phenomenon on our phones and in our networks, we want to see in public goods and services like education and health care. >> host: mr. levin, how important is speed when it comes to improving our economy? >> guest: depends on a variety of different uses. for example in medicine, we're now moving to a place where we can have wireless sensors improve medicine and that's great. but business uses and other thing things, cameras, geneomic medicine, there's faster networks, president clinton was was dell and he said we can't expect our businesses to compete internationally if they only have access the speed of korea, and he is absolut
are the issues? the economy is getting better. so the issues will not be about cutting, but how to put resources back into the services we lost. don't put them back into services that were ineffective. making sure that whatever we do as we move forward that it will be a better place. issues i care about, really care about. education has always been very center to the things i have been involved with. i am a former teacher also. i work in the early childhood education field for 18 years running an organization. those are parts of my dna. other things that people are not aware of, i do care about health environment in san francisco. i want to make sure that we have enough health facilities to serve all san francisco, not just one part of the city. i want to make sure that our small businesses are supported. why? i come from a family where we had a small grocery store. i understand what it means to run a small business. maybe people think about 500 people is a small business. i'm talking about businesses that drive neighborhoods, support neighborhoods, give jobs to people in those
and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> now, house speaker john boehner responded quickly saying house republicans will do the right thing. they will be responsible, they will meet america's obligations and make sure the government does not shut down. he tried to take that specter off the table. but this is a very tough fight that's getting more and more problematic, larry, because the president said he's going to break the habit of crisis-driven fiscal negotiations. if he's going to succeed in that, somebody is going to have to break and it may have to be soon because treasury secretary geithner said this afternoon we could hit the debt ceiling and exhaust all the extraordinary measures he's been taking as soon as one month from now. >> you know, john, 2010, 2011, the 2012 he neg
automatically because our debt is going to grow along with our economy from year to year. especially it's going to grow in times when we need to spend a little more to juice our economy. but you know, bernanke has very little credibility with the republican party because republican leadership last year actually sent letters to him saying stop with your quantitative easing and your other extraordinary measures to juice this economy. they're already angry at him, so him saying we should from the debt ceiling is not going to do anything in congress. >> part of the problem is the debt seems to go up and good times and bad times and no one ever seems to have the courage to cut it, but it's a very bipartisan thing in terms of raising it. 76 times it's been raised since 1962. and the number one president in terms of raising it, the winner is ronald reagan at 17 times. that might shock people who like to see him as the paragon of responsible spending. >> we'll start with the deficit, shrinking more rapidly than at any time since the end of the korean war. in the end of december, we had a deficit for th
's. one that is falling behind; and an economy that is growing. it we are looking at 40 percent of the juniors not ready to graduate in a years time, that is a serious problem that we need to address. i believe that these folks -- that is part of the generation that will not be successful in our local economy and we have to make sure that we are supporting san franciscans in this way, making sure people have the skills in the background to get jobs in the future and if we are not successful here we know that they will fall behind the cracks. it's really a no-brainer. we have a lot of wealth in the city. not everybody shares it equally and this is one way we can remedy that. colleagues i hope that you can support the supplemental. >> supervisor wiener. >> supervisor wiener: my position is the same as it was in december when we voted on this. i won't repeat all of those reasons. although the fiscal cliff catastrophe was avoided at least for the moment we still have significant risks at the state and federal level and i am not comfortable appropriating from our arguably inadequa
'll be able to start making invests to see our economy grow. the one silver bullet in deficit reduction is economic growth. we need to get out of this circle we're in right now and start talking about growth. how we start moving the economy forward because we'll never get out of the hole otherwise. melissa: stephen, that is a great point. do you move the economy forward and grow by raising taxes, do you think. >> president obama at one point believed we do not. he argued in twine and 2010 you would hurt economic growth if you raised taxes at time the economy was struggling. that is what he argued at time. melissa: what do you think, steven. raising taxes grows the economy or -- >> no, it does not grow the economy. we have to be serious how much the president contributed to overall debt picture. $6 trillion since he came to office. nearly $20,000 per united states citizen has been added since president obama came into office. so just silly to argue he hasn't contributed. melissa: blame game gets us nowhere because everybody contributed to it. god it is a mess and we have to fix it. when
similar things and have also had some success in creating more monetary policy support for the economy. >> you had mentioned that there has been evidence that the longer-term interest rates have come down to the initial round. concern is that the unemployment rate remains very high and activity would try to bring that down and one would hope to see additional movements from the most recent round. are you suggesting that one would need to be patient? needs a little bit more about how you would assess how this is having the kind of effect that you would anticipate? >> well, we will be doing that on a regular basis. we will be looking at the impact on financial markets and we will see some effect there. we will look to see whether or not the labor market situation. we first started talking about a .1% on employment, there has been some movement. there was nearly 40% of the unemployed having been out of work for six months or more. that is a situation where there are too many people i can give you specific criteria except to say that we will be assessing the impact of our actions a financi
escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. ho
anyway. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending. at the same time, only a handful of republicans have actually said they'd let the united states default on its bills. >> the president claims this, but republicans have always raised the debt ceiling. we've never seen the debt limit fail to be raised. all they have said is we want to apply the same criteria that the president himself applied when he was a senator and say we don't want to give the president a blank check. we would like to fix the substantive problem which is the level and the growth in the debt. >> reporter: markets are almost tre
spend on everything from education to public safety less as a share of the economy that has been true for a generation. that is not a recipe for growth. we have to do more to stabilize the finances over the medium and long-term, and also spur more growth in the short term. i have said i am hoping to making modest adjustments to programs like medicare to protect them for future generations. i also said we need more revenue for tax reform by closing loopholes for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we consult the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they do not think it is fair to ask a senior to pay more for his or her health care or a scientist to shut down like that saving research so that a multi millionaire investor can take less in tax rates then a
provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: battle lines were drawn at either end of pennsylvania avenue today over the national debt and government spending. the opening shots came from president obama at his white house news conference. >> i thought it might make sense to take some questions this week as my first term comes to an end. >> brown: the questions were dominated by the looming debt ceiling fight. the president sternly warned republicans not to balk at raising the nation's borrowing limit. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the f
to be a bit of a struggle, and i think it's all about the guidance going forward. you know, the economy, you know, two steps forward, one step back, and corporate america can't carry the water. it will be difficult for the market, and priced pretty much to perfection at the current level with popular averages, not leaving room for disappointment. liz: hate one step forward, two back -- >> no, the other way. liz: either way, not moving fast. is that at a decent clip? >> actually, that's something we talked about last week on the show, and what we're looking at, again, south africa, right now, the mining situation is getting worse and worse, and -- liz: labor issues? >> the strikes, strikes, labor issues, and a threat that some of the major companies are shutting down the mines until they resolve this. we'll have a shortage in these areas, and, also, seeing platinum taking a bit of a piggy back ride up. it's at the 1680s mirroring where gold is now. silver is joining along for the ride. we're seeing a lot happening with the precious metals. liz: platinum is higher than gold for the first time
talked about politics and about constitution, institutions. we talked about the economy although we've alluded to this aspect to it let me ask you to take off your journalist hat and put on your markets have and ask a simple question is venezuela going to buy, sell or hold? >> i think what we are going to see in the short term is a great deal of turmoil to reverse of markets -- capital flees some certainty. so, right now you have on uncertainty because nobody knows what's going to happen. nobody knows that he's alive or dead or on life support although we did hear from his brother yesterday that he is not in a coma. we thought he was either in a, or on life support. now we know he is not. other really insightful information we've gotten from the regime or that he's in a stationary situation. i have no idea what that means. that is a stationary situation. >> his treatment was being assimilated. they are still using that, his treatment is being assimilated. so we haven't really had any insight into whether chavez is going to make it or not. the prospects are probably that he is not. w
to raise taxes created a dilemma in the world's ninth largest economy. with budget cuts coming like clock work, the state's college and university systems declined in offerings and in reputation. schools suffered cutbacks in personnel and programs. services for the poor were trimmed by $15 billion since 2008. state workers were furloughed. then in 2010, promising to use his long honed political skills to fix the state, jerry browne, a democrat, was elected governor. 30 years after he held the job in the '70s. he faced a $26 billion deficit and started making more cuts and changes like transferring inmates from the state's overcrowded prisons to county jails and closing down local redevelopment agencies using the money for the state budget. meanwhile, the economy started to improve in fits and starts bringing in more tax revenue. but it all wasn't enough. brown proposed to california voters a measure to raise income taxes on the wealthy and sales taxes for everybody. to the feun of $5.6 billion. brown campaigned vigorously from what was called proposition 30 in last november's ballot. >> l
for the fuel or these doctors will get paid, you know, government is a huge force in our economy. like it or not. and the number of companies that would really be affected from walmart to every defense contractor to giant health care companies, if their ability to collect money that is owed to them is then put in doubt, that triggers a whole, you know, range of activities of other people wanting to collect debts from them. >> sounds really scary. do me a favor, though, and crawl in to president obama's head for me and tell me why you think in 2006 he voted not to raise the debt ceiling and said the fact we're here today to debate raising the debt limit is a sign of leadership failure, the sign the u.s. government can't pay his own bills. what was he thinking there? >> voting against an increase of the debt kreeling is what you do in the opposition party. >> oh, okay. >> in congress. this is going back for the last many years. >> yeah. >> all the republicans in the senate voted for increases when bush was in office. they vote against it when obama is in office. and vice versa. the probl
the regional economy continue to gradually grow. in japan machinery orders will be released. this iortant gauge showed a 2.6 month on month increase in october. on friday china will announce gdp data for 2012 as well as for the whole year. between july and september gdp expanded 7.4% from a year earlier. now just a few minutes ago i read that the dollar is trading at a 2$2.5 year low. that dollar is trading at a 2.5 year high. here is the market recaps. >>> japan women want to have place to turn for help. 25 institutions in japan now offer invitro fertilization. they have to find their own donor. donors will have to younger than 35 years old. they must already have children and be willing to donate eggs without compensation. recipients must be under 40 and they must have illnesses or genetic abnormalities that prevent them from conceiving. donors won't be allowed to meet the recipients, but the children will be allowed to see details about the donor when they turn 15. >>> thousands of people waiting to go home. tons of debris waiting for disposal. vast tracts of land awaiting to be restored. ov
back to the board on where we are with that; because as you know the economy is improving. so we need to be prudent and look ahead. and i'll be looking at potentially increase of the contingencies and reserves. >> okay. because i noticed also in the report that we received last night, the monthly program report. that our expenditures to-date are less than anticipated, but we have drawn-down the reserves greater and we're under that draw -down curve. do we know what is behind that combination of factors? >> is that something that you can respond to? >> i don't have that report in front of me, but jim helps prepare it. so he will be able to speak to it in more detail. >> directors i'm with the program management team and take care of the budget and scheduling stuff. the first curve you are talking about is the total expenditure curve and when we established that budget back in 2010, we had more aggressive schedule for let something of those packages than we have today. we're still holding the same end-date. so the expenditure has laged that original curve line. that is the explana
the economy. the government has hit its borrowing limit again. and is expected to run out of ways to pay bills by early march. >> frigid party seven degrees in half moon bay. 39 and concord. the the seven- tomorrow but 37 right now what happened bay this warming trend will continue. finally, and we could finally get a bit more mild temperatures as this week progresses'. that stormtracker is well to the north of us we're not going to see any green. calm wind that combination is providing very chilly conditions. 28 in napa, 29 in santa rosa. 42 in san francisco. in vallejo, 29. 28 in fairfield. 30's in concord, pleasanton. this frees warning in effect and frost advisories for the bayshore. freezing in sunnyvale. that freeze warning and frost advisories continues. for the north bay, the inland valleys and the bayshore. take a look these frosty windshields. certainly, you are going to want to take your time tomorrow for the afternoon, temperatures are going to be improving. 50s for the most part. 56 in santa rosa. 54 and concord. they look at your extended forecast with warmer weather. but not to
economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. you can count on that the things i have said in the past, the belief we have to have stronger background checks and we can do a much better job in terms of keeping these magazine clips with high capacity of the hands of folks that should not have them. the assault weapons ban is meaningful and those of the things i continue to believe make sense. will all of them get through this congress? i don't know. >> welcome back. these of the stories making headlines. france is sending more troops to end terrorists linked troubles. the united nations is meeting over west african troops the health of the army defeat the rebels. france wants the security council the speed of the deployment of more than 3000 soldiers to form an intervention force. and a cleric that he calls a long march says he wants government dissolved by tuesday morning. he says he wants an end to government corruption. >> of the government in power is making
. >> two years after the jasmine revolution, you feel like celebrating. the economy is contracting -- few feel like celebrating. the economy is contracting. the unemployment rate is higher than before ben ali's ousting. >> it is one of the largest religious gatherings in the world. millions of indians have bates together in the ganges to mark the start of the -- have bathed together in the ganges to mark the start of the maha kumbh mela religious festival. >> environmentalists have warned before that the ganges is heavily polluted. some 110 million people are expected to take part in the religious festival, which runs until mid-march. that is all for now. remember, you can find out more about these and other stories at our website, www.dw.de. >> thank you for watching. see you next time. captioned by the national captioning institute --www.ncicap.org--
? how partisian politics are affecting legislation on capitol hill. the economy according to ben bernanke - what the fed chair has to say about the state of the country's finances. and, how automakers are setting a new pace for competition. plus, traders who are sweet and sour on apple. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's tuesday, january 15th. in today's first look: as facebook makes its big reveal on its new product today, shares briefly climbed above $32 yesterday. bloomberg news reports dell is in talks to end its trading days and go private. federal regulators order jp morgan chase to improve its risk management after losing billions in trading last year. and american airlines bond holders meet today to weigh in on whether the airline should merge with u.s. airways. ira epstein of the linn group joins us now. always a pleasure to have you on the show. what is going on with the market? it is so resilient. where is all this money coming from ira? > > think about
conviction, especially in a down economy, someone with a felony has great difficulty even accessing 5 a job that pays minimum wage. putting these felony convictions to a whole population of young people, we really perpetuate a chronic underclass which benefits none of us. and then of course there's the inequity in the criminal justice system. even though we can show that drug use rates are quite similar in all different ethnic communities and african-americans are 13 times greater likelihood of being convicted of a felony of simple possession. then of course there's also the savings that we could experience, nonpartisan, independent legislative analyst office has determined that there would be $159 million annually of savings at the county level, plus another $65 million annually in savings at the state level. and our bill would direct a portion of that savings to drug treatment programs so that we can, like these 13 other states, have better outcomes, safer communities. i of course have to thank the sponsors of our bill, and we have a number of them, the h.l.u. which has been a champion an
will be the gdp numbers. and that's when we find out what kind of economy we've got in the fourth quarter of last year. that will point towards how we're going to do in 2013. i suspect that that could move the market. all right. the bell is ringing, and as you know by now, if you're a regular "varney & company" viewer when the bell stops ringing, they start trading and we're expecting, what are we expecting? we're looking for a pretty flat market and i hate to keep saying this, but a pretty flat market. the dow closed yesterday around 13,500 and we're opening down 3 points at 13504. the opening trend is down. i looked at the futures and you can expect maybe a 40 or 50 point loss in the early going. no big negative that's out there, just a general drift away from 13-5 on the dow. we are in fact, just a couple of hours away from facebook's big announcement. that comes at one o'clock eastern. so, nicole, i am told that the big news could be a new search engine, could be. i'm not going to speculate on that, but i want to know where the stock opens this morning. >> that would be very big news and the
is the likelihood the u.s. economy could have a stronger here than economists were expecting? >> and excellent question. i think the risks are just as good on the outside or they are on the downside. there is a lot of growing momentum in the u.s. economy. all of this in then you have the energy boom in the whole shale thing helping in that industry and related industries. there are a lot of bright spots in the u.s. you know, the guys in washington do not mock it up, we have a good shot. melissa: we have breaking news right now. i want to point you to the shares of facebook. down $0.60. that is good for almost 2%. we have this meeting going on right now. it is a major reversal for the stock. we are trying to get more details out of this meeting. we will have rob enderle on at the end to talk about it. shibani: i am following a couple of live logs on the event. the three pillars of facebook. when he unveiled today is his 23 pillar which is being called graph search. it is a graphical search. it is not a web search. that is one of the reasons we are seeing a selloff of facebook shares. again, wha
% growth in the last five years, which is more than twice as fast as our economy has been growing and by every indicator, the green energy sector is growing. neil: i don't know a lot infatuation, but i know the frustration. >> i think they have probably realized that the green movement is kind of a boring activism. what they should be covering and don't really want attention to would be something like solynda that they called the phony scandal. they don't want to address that. this is a way for them to say we are shifting around for various reasons. i don't think they wanted to cover the real news which the scan was solynda and then they went under. the whole thing was just a disaster. the other stuff is boring activism and others want to let go. >> okay, it has become mainstream. >> "the new york times" this week is facing something like the numbers on 30 or more layoffs. so put this in a separate category to a broader question under obama. we have come to talk about this stuff of 5 million green jobs and international treaties. it's hard to do any of that. so you're not going to
of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. the stock is up 70% since mid november and still trading. even talk about take over. >> i believe there is a turn going on. it has been ages since i looked at it. the last time i looked at it i chipped my tooth. i will do more work on it and see where this one can stop. nobody does know. robert in massachusetts, robert. >> booyah jim, hail from massachusetts. >> fantastic. >> there you go pats i don't k
Search Results 0 to 49 of about 138 (some duplicates have been removed)